Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$975,437Cash toward the purchase price.
Closing costs + prepaids$26,021Not just lender fees.
Before credits & paid funds$1,001,457The complete starting cash picture.
Estimated remaining funds due at closing
$1,001,457No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$975,436.57
Your down payment$975,436.57
Closing costs + prepaids$26,020.60
Total buyer cash needed$1,001,457.16
Remaining funds due$1,001,457.16
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$763.00
Credit report$200.00
Tax service$80.00
UMe assumption specialist (1%)$13,950.00
Title & settlement$1,825.00
Recording fee$100.00
VA funding fee (0.5%)$2,097.82
Home insurance (12 months up front)$2,600.00
Insurance escrow (3 months)$650.00
Property tax escrow (3 months)$1,672.25
Prepaid interest, first (27 days)$2,082.53
Fees + prepaids$26,020.60
Your down payment is the seller’s equity. You take over the $419,563 balance, so the rest of the $1,395,000 price is paid at closing. A second mortgage can cover part of it. $1,001,457.16 is due at closing. Uses and sources reconcile at $1,421,020.60 each. Not a Closing Disclosure.